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Has CMC been bought by Binance? It seems that the CEO of Binance is very enthusiastic about opening or making as many partners even though it cannot be said that they are fully partners because they have complete control over it.
I see this program is quite interesting but it gives a gift that does not fit, because I only received 0.6 $ from the quiz, and it looks like everyone else is the same.
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I guess some people are stuck on a pretty deep alt drop maybe more than 50%, some people think it's because of the btc price going down, but I doubt when btc goes back up, will the lower alt go up again, I mean back to where it was before it went down.
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well we will see that if indeed the YFI coin can last long enough then people will find it a good project.
but if not then YFI will only be hype right now like other defi coins which have increased due to hype.
however the market conditions are on the downturn at the moment, so we can't see a rise for a while.
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The Trust is the most important reason that some people get scammed in my view, When you see something on binance you never know if that could be spam! Who would think that suchiswap get rugged ?!  I think research is very important and never trust anything even if you see that on binance! some people are tempted without doing or thinking about it first, someone receives an email and says he won a giveaway from binance he will feel happy without thinking whether it is true or not usually people like this will realize when they have been tricked for the first time. |
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I'm more on the scenario of crypto prices will remain stagnant on the market after the covid end since there is one thing crypto lack of; official recognition from the government. Sure, we can talk about the future of crypto replace gold and thing like that but please remember that crypto needs the government's support to become the next big thing of gold.
I think so, people also say that crypto will benefit the most as a result of this pandemic situation, but I think all markets experienced it when last March was the same, no one really benefited from this situation plus the government is still fighting crypto in several countries. |
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There are so many projects out there that will be released every day, so you have to choose or do research on the project that you are going to promote, make sure you choose the right project so they pay for what you have done, it sounds difficult but if you are used to it, of course will be able to determine which one is good which is bad.
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Though the door isn't completely closed, it still quite hard to just pass by. Being a new trader today is very hard to establish yourself if you start from scratch. You can be a trader but just a half-ass one if you're too late to the game or don't have a strong foundation in terms of the capital fund.
The trading starter pack is the money, patience, understating market movements, and fundamental-technical analysis skills to read these movements. Traders are not born, they are made within such pump/dumps. Game strategies don't work in crypto markets because of the emotional factors that belong to human creatures. I agree with this. The market is affected by several factors. Events and news can affect the movement of the market, it can drive panic or hype. Along with the technical skills, experience, and being emotionally stable will help you in trading. When I first started I easily get driven by news and hype which cost me a lot of money. Some experiences may cost you money, but keep all of it and charge it to experience. Learn from your mistakes. Most expert traders started almost the same as you are, it's okay to experience losses and commit mistakes, just make sure to learn from it. okay, that would be good advice but some people will not be suitable traders because of their personal traits such as impatience, carelessness and others, and maybe they could be holders for a long time because the short term might not suit them. |
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throw away my coins as possible to avoid more losses and invest in major coins like btc, eth, xrp and others.
or sell it and then trade other coins.
usually the coins I get from the bounty I will immediately sell.
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did things I didn't in 2017 if everyone was racing to keep holding it in the hope of getting more profit, then I would sell it then.
trust me the chart will be the same as the last bull.
it's just that we don't know when and to what extent the market will move
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why did the government do that, I think if it did it on a large scale the panic would occur everywhere.
they had better think of a better way than to do it.
saving a little money is also enough than withdrawing all your money.
because during the crisis, investment opportunities are getting bigger.
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It seems that due to the pandemic conditions of other investment sectors which are experiencing problems due to this situation, switching to the crypto world and making the market rise again, the question is whether this can last a long time or only temporarily, because this could be used to create hype in a short time.
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Will probably have the same painful death ICOs had. One thing you maybe could keep an eye on is the very few first DeFi coins, but be careful about investing in them as well. Usually, it's the first few coins that get the hype started. The upcoming ones are crapcoins sitting there just to try taking advantage of it. But to be honest, I think it's already very late to join the hype.
ICOs showed us what "revolution" really means. If there's any coin or technology to revolutionize the markets and crypto domain, it'll show its true potential in a matter of years like Bitcoin did. Can't say this is going to be a long-lasting thing, it's too early and the hype is already overpowered imo.
maybe you have a point, because this is still the beginning, however defi coins have been around since 2017 but it is not as hype as it is now or is it because of the current pandemic and economic crisis that defi is rising and trending, I don't know for sure but if indeed a new innovation will certainly last and growing. |
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I also doubt, but after Binance listed YFI, did we not hesitate, then there was another news that Binance listed Yfii coins, like a gang with the same name but a different name. Did Binance do this on purpose?
or whether their project is recognized by Binance.indeed many say that the coin with the initials Y is coin farming to do hype and the like.
we don't know this wheel will last long or a moment.
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I still have doubts, but if it is true that defi is a project that makes the crypto market rebound then be prepared for mass adoption of defi.
defi will be the project that is seeded in the future and each project will make a defi type for the token.
of course with new innovations.
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Thank you, there was a certain project like that too that after few people sold their coin, other people couldn't sell theirs till today, those who placed their token to be sold, the token got stocked, token were no where to be found, could that now be the fault of the hunters or should that be a way to pay them for the effort spent in promoting their project. It could be so annoying.
some projects do indeed do this, but many also pay even though a little but still get paid. than you have a big estimate but can't sell the token. Few people who already know how to assess projects can tell the difference between good and bad projects, a skill that is needed here. |
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Some people might still think so or hope it might be the right time or this project would be successful without considering or thinking about it first, the drive to get profits many times blinded the minds of some people and without thinking first.
but much has also changed and realized what happened in 2017 was a coincidence when the entire market went up and any project could feel it.
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believe me as long as development is still needed then the type of fundraising for each project be it ico or ieo will continue to be used, the difference is the fomo released is more attractive or not.
we know there are still good projects that use ico, not just IEO.
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New crypto usually only mimics existing types, in the sense that there is no development of the project.
so I don't think it will have any effect or impact on the project going forward.
unless the project is unique and has a solid team.
most new projects are only for short profits, then disappear.
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